GIC, BlackRock, Aberdeen among investors in Godrej's ₹6,000-cr QIP
Financial Express Chennai|December 04, 2024
GLOBAL AND DOMESTIC investors such as GIC, BlackRock, Aberdeen, Norges Bank, SBI Pension and ICICI Prudential Life Insurance, among others, have subscribed to the qualified institutional placement (QIP) of Godrej Properties.
RAGHAVENDRA KAMATH

The company on Tuesday said it has raised ₹6,000 crore through the QIP.

The firm will issue shares at ₹2,595 apiece to investors. The issue price is at 9% discount to Tuesday's closing price of ₹2,854. The company's shares lost 1.63% on Tuesday. It had set a floor price of ₹2,727.44 per share for the QIP.

This story is from the December 04, 2024 edition of Financial Express Chennai.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the December 04, 2024 edition of Financial Express Chennai.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM FINANCIAL EXPRESS CHENNAIView All
Financial Express Chennai

Bajaj Auto's EV charge

LAUNCH OF MASS MARKET SCOOTERS PAYS OFF

time-read
3 mins  |
January 06, 2025
Financial Express Chennai

Special Category Visa for Foreign Students

INDIA HAS LAUNCHED two special category visas for international students intending to pursue higher education in academic institutions in the country.

time-read
1 min  |
January 06, 2025
Financial Express Chennai

Stars who couldn't walk the talk

IN THE END, just one Indian could get on top of the dias at the presentation ceremony of Border-Gavaskar Trophy (BGT). Jasprit Bumrah, the captain and the man of the series.

time-read
2 mins  |
January 06, 2025
Financial Express Chennai

Indian-Origin IT Companies Corner a Fifth of H-1B Visas

INDIAN-ORIGIN TECH COMPANIES cornered a fifth of all H-1B visas issued by the US with Infosys and Tata Consultancy Services (TCS) leading the pack, an analysis of data from the US immigration department showed.

time-read
1 min  |
January 06, 2025
Financial Express Chennai

A win-win solution

Platform becomes match-maker for India Inc & startups

time-read
2 mins  |
January 06, 2025
Financial Express Chennai

No need to run an air purifier and room heater at the same time

It heats in winter and purifies indoor air all year round

time-read
2 mins  |
January 06, 2025
Financial Express Chennai

A handy tool to make your voice louder

Simple plug and play design adds to its ease of use

time-read
1 min  |
January 06, 2025
Financial Express Chennai

Track kids' location in real-time

GADGETS ARE UBIQUITOUS in modern life and children often feel pressured to use certain gadgets to stay connected with peers. While Pebble Junior can

time-read
1 min  |
January 06, 2025
Financial Express Chennai

Readying talent for the AI era

GenAI industry to add 1 million new jobs by 2028

time-read
2 mins  |
January 06, 2025
Financial Express Chennai

Bridging brands & beliefs

Digital and legacy firms are jostling to use the opportunity

time-read
2 mins  |
January 06, 2025